LULU looked like a great buy with an 8% profit margin and high cash flow, and the setup looks interesting with a new CEO repositioning the company; but the position was sold because little is expected in the coming months.
He framed it in months
“S&P 500 460 to 483! DECK Looks Interesting+ DPZ, CLX, LULU, BXP, TKO, FDS, MKC, ALB, Charter, IT...”
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Now, Lululemon, we've discussed it a lot because it was the biggest investment center for "Boo" until a few weeks ago. Then he sold everything to cover the tax gains and reap the tax losses.
It looked like a great buy, with an eight percent profit margin and high cash flow. Everything looks interesting. With a new CEO, we'll see how she repositions the company. But, "Boo" sold because he doesn't expect much in the coming months.
What this channel has said about $LULU
Value Investing with Sven Carlin, Ph.D. has 5 calls on this stock; only the adjacent ones are shown.